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UBS: Albemarle Corporation (NYSE:ALB) Is A Bottom-Ranked Quant Stock

By Yahoo! Finance   |   Nov 16, 2024 at 10:28 AM EST
UBS: Albemarle Corporation (NYSE:ALB) Is A Bottom-Ranked Quant Stock

The software company and social media firm reported earnings on the same day. Despite beating revenue and EPS estimates, the social media company's slow net income growth and lower active daily users led to a drop in stock value. AI-driven expenditure and market conditions also impacted performance.

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